#8
Kolkata (Salt Lake Sector V)
Kolkata's Salt Lake Sector V is the undisputed IT hub of eastern India, hosting 1,200 companies within its 1,100-acre SEZ and employing 150,000 professionals. IT services exports from the zone reached $3.2 billion in 2025, a 15% year-on-year increase driven by BPO giant Teleperformance and IT firm Cognizant. With the lowest office rental at ₹50 per square foot—30% cheaper than the average Indian metro hub—it remains a high-value destination but lags Gurugram's Cyber City in attracting Fortune 500 headquarters, as only 23 have established regional bases here.
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